eidos--maker of Tomb Raider Message Board

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Technology Stocks : eidos--maker of Tomb Raider

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To: hl who wrote (1158)	7/30/1998 10:37:00 AM
From: Bleeker	Read Replies (2) of 1773

--The 1998 annual report has been out for a month now. --Rising sterling would actually dampen export-led companies in the UK as their products become less competitively priced abroad. North America accounts for more than 40% of EIDSY's foreign sales now and this is where the rebates are offered on FFVII. So the reserves will be hit; the question is by how much. A rising interest rate environment in the UK is really not good for its economy; it's not so much the existing debt that matters but an economic slowdown there, which is definitely part of the debate. I think the environment now is very different than a year ago. I don't want EIDOS to do a costly acquisition either (in fact I don't want them to do any) but it can't be ruled out. If a bond issue will happen I wish EIDOS would move more decisively and fast since they confirmed the acquisition rumors; the uncertianty is depressing the stock price. Bleeker

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